California Grapes International, Inc (CAGR)

[dh30067]

Just FYI, all technical indicators are lagging indicators. They predict nothing. If the price turns up so will your bollinger bands. If the price turns down so will your bollinger bands. This is why they can look like they are ready to break out but then "extend" when the price doesn't conform.

In regards to the accumulation/distribution line as I've pointed out once before this indicator assumes a constant share structure but GDHI has had millions of shares issued in the past few months rendering this indicator completely useless. It has moved completely opposite to the share price for months on end so why would it suddenly be providing a "valid signal"...?